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Fourth Workshop LACEA/IADB/UTDT in International Economics and Finance
August 20-22, 2001
Buenos Aires, Argentina


 

BRAINSTORMING SESSIONS
MONDAY, AUGUST 20

"When is it optimal to abandon a fixed exchange rate?"
Carlos Vegh (UCLA), Sergio Rebelo (NWU)
Discussant: Robert Flood (IMF)
"Competition in Sovereign Debt Markets and the Role of the IMF"
Bernardo Paasche (CMU), Stanley Zinn (CMU)
Discussant: Kenneth Kletzer
"Margin Calls, Trading Costs, and the Sudden Stops of Capital inflows into Emerging Markets"
Enrique Mendoza (Duke), Katherin Smith
Discussant: Fabrizio Perri (NYU)

TUESDAY, AUGUST 21

"Herd Behavior and Contagion in Financial Markets"
Marco Cipriani (NYU), Antonio Guarino
Discussant: V. V. Chari (U of Minnesota)
"Financial Crises and Herds"
V. V. Chari (U of Minnesota), Pat Kehoe
Discussant: Franklin Allen (Wharton)
"Holding International Reserves in the Era of High Capital Mobility"
Nancy Marion (Dartmouth), Robert Flood (IMF)
Discussant: Craig Burnside (The World Bank)

WEDNESDAY, AUGUST 22

"Business Cycles in Emerging Economies: The Role of Interest Rates"
Fabrizio Perri (NYU), Andy Neumeyer (UTDT)
Discussant: Martin Schneider(UCLA)
"The Composition of International Capital Flows: Risk Sharing Through Foreign Direct Investment"
Rui Albuquerque (Rochester)
Discussant: Ivan Werning (U of Chicago)
"On the gains to international trade in risky financial assets" 
Steve Davis (Chicago GSB),  J. Nalewaik (Chicago GSB), Paul Willen (Chicago GSB)
Discussant: Urban Jehrmann (Wharton and Minneapolis Fed)